A top UN envoy on Wednesday pleaded with the Security Council to help break the siege of Aleppo, warning that residents of the Syrian city were at risk of extermination. “For the sake of humanity we call on — we plead — with the parties and those with influence to …
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Egypt to try 292 accused of assassination plots
Egypt will try 292 jihadist suspects over plots to assassinate President Abdel Fattah al-Sisi and the Saudi crown prince and attacks in the Sinai Peninsula. The suspects, including 151 currently in custody, were referred to a military court for alleged membership of the “Sinai State”, the local affiliate of the Islamic …
Read More »IMF recommends $12 billion loan
IMF chief Christine Lagarde said Tuesday she will recommend the institution approve a $12 billion loan for Egypt when the board meets Friday to support the country’s “ambitious” reform program. Lagarde praised the country’s economic reforms, including floating the Egyptian pound last week, and said the loan is needed to help restore …
Read More »Syrian security services chief meets Egyptian officials
Syrian security services chief Ali Mamluk met with Egyptian officials in his first public foreign visit in five years, state media in Damascus said on Monday. State news agency SANA said Mamluk met with Egyptian head of general intelligence Khaled Fawzy and other “high-level security officials” during his one-day visit. …
Read More »Russia to hold military drills in Egypt
Russia and Egypt will hold joint military drills involving airborne troops on Egyptian soil for the first time this month, the Russian defence ministry said Tuesday. “The joint Russian-Egyptian drills will happen in mid-October 2016 on the territory of Egypt,” it said, without specifying their start date. The drills, called …
Read More »Egypt moves one step ahead in global competitiveness rankings
Egypt moved from 116th to 115th in the World Economic Forum’s Global competitiveness report, published at the end of September 2016. According to the authors of the report: “To create growth and employment, Egypt could build on its large market size (25th); its business sector, which by some accounts appears more …
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